When it comes to businesses in the UK, it is important, but also challenging, to understand the different legal forms and their respective abbreviations. To help you, we have summarized the most common definitions. We also add guides to help you edit each paragraph exactly to your own needs. Of course, this includes both the practical and legal aspects. Final notice before court proceedingsA final claim from a creditor on a debtor threatened with legal action If there is a simple legal template for what you want, you can find it in 301 legal forms, letters, and agreements with instructions on how to use and fill out each legal form. Also known as sole proprietor or sole proprietorship, a sole proprietor is owned and managed by one person, although there may be many employees. There is no legal distinction between owner and business. The owner retains all profits from the business and is personally responsible for all debts. As far as companies are concerned, there are different legal forms. You know what it is. You just want to get something in writing. However, you don`t want to pay the legal fees associated with creating a lawyer for you. We combine in-depth legal knowledge with practical, real-world experience and an understanding of the business elements of a business.

In this way, we provide you with legal documents that are not only intended to protect you, but also to give you an economic and legal advantage. A basic form of partnership created by a formal agreement between two or more persons who, by default, are jointly and severally liable for all legal actions and debts. Personal property can be seized and liquidated to pay creditors. By default, profits are distributed among the partners according to their capital contribution. These conditions may be modified by specific clauses in the articles of association. Defines unregistered and registered companies. Unregistered forms include sole proprietorship, unregistered association, partnership, limited partnership and trust. Registered forms include Limited Liability Company, Limited Liability Company (LLP), Community Interest Company (CIC), Registered Non-Profit Organization (CIO), Industrial and Pension Company, and Financial Mutuals. See also: Alphabetical list of legal forms in 301 legal forms, letters and agreements Most of the legal document templates you find on the Internet will give you the minimum wording needed to accomplish the task. On the other hand, our documents contain many more options and take into account many more points than even most lawyers would offer. Welcome to our reviews of the best UK Legal Forms websites of 2022. Check out our top 10 list below and follow our links to read our comprehensive in-depth review of every UK legal forms website, alongside which you`ll find lists of costs and features, user reviews, and videos to help you make the right choice.

The CIO is a new form of legal entity used by not-for-profit organizations and is designed to reduce the bureaucracy associated with running a charity. Unlike charities, which are incorporated as limited liability companies and are required to register with both Companies House and the Charity Commission, CIOs only need to register with the Charity Commission. As with a limited liability company, the liability of shareholders and trustees in the event of loss or insolvency is limited. 301 Legal Forms Letters and Agreements is invaluable for any person or business looking to save on legal fees! Letter about alleged disclosureA letter asking a competitor to stop using a similar product name and threatening legal action 301 Legal Forms, Letters and Agreements will help you get it in writing. It contains a legal form for virtually all residential and commercial needs. Save on legal fees now with this compendium of legally valid legal forms to use in your business and everyday life. Our legal department can review your documents as soon as you have processed them. What better way to document your important transactions, avoid costly litigation, and enforce your legal rights? In minutes, you can create the legal form or agreement you need to avoid misunderstandings, comply with legal obligations and avoid liability.

What you get is simply a vast selection of solutions in a best-selling paperback, filled with draft letters and pre-printed legal forms covering a variety of legal situations. It offers a comprehensive DIY legal library with 301 ready-to-use legal forms and documents written and approved by lawyers for professional or personal use. It is there to protect your legal rights and protect you, your family, your property and your business from everyday legal problems without the inconvenience or expense of a lawyer. Letter to a former employee using confidential informationLetter from an employer to a former employee threatening legal action if the use of confidential information is not stopped There are two forms of limited liability companies. In private joint-stock companies, shares cannot be offered to the public and the liability of shareholders is limited to the capital initially invested. In the event of bankruptcy, the money invested in the company by the shareholders may be lost, but their personal assets are protected. A private limited liability company, which is mainly used for non-profit organizations, usually has no shareholders, but members who act as guarantors and undertake to contribute a nominal amount, usually very small, in the event of dissolution of the company. Profits can be distributed to members, but the company does not qualify for charitable status. Both forms should normally include the addition Ltd in the company name, unless expressly excluded by law.

LetA rental agreement for the rental of a residential property to a company for the temporary use of its employees, officers or visitors. Supplier questionnaireA questionnaire sent to a supplier by a company that meets the requirements of BS5750/ISO9000 Amendment of the agent contractWritten agreement between a company and its commercial agent providing for a change in the terms of the order Promissory notePromise by a borrower to repay a loan on demand Second warning for delayA second written warning from an employer to an employee for a warranty claim late WorkLetter from a seller to a buyer requesting a personal guarantee from the directors of the buyer`s business Employee FileA simple summary of an employee`s data and employment history. A public limited company is a limited liability company whose shares can be sold and traded to the public. He must have awarded shares worth at least £50,000. A PLC may or may not be publicly traded and may be owned by an individual, for example by another PLC. A person`s financial responsibility is limited to a fixed sum – usually the value of their investment. Notice of disputed accountA letter from a customer to a supplier explaining why an account is being disputed Full basic receipt for money paid on deposit Notification of rejected goodsA letter from a buyer with notification and reasons for rejection of the goods Request for payment of a promissory noteA debt owed by a creditor to a debtor, Repay a loan in full in installments Resolution of the Board of Directors: Appointment of auditorsDecides to appoint auditors Dismissal with ex gratia paymentLetter from an employer informing an employee of his or her severance pay and severance pay. Share subscription/proposalRequest for potential shareholding of shares of a company Order to stop a checkGeneral proxyA notification of the appointment of another shareholder to vote on your behalf at a general meeting. License to use a parking spaceA license granted by a parking owner to a car owner Interruption of water supply: request for investigation OFWATUne letter requesting the intervention of a customer service committee of the Regional Water Services Office in a dispute with the water company in its area. Confirmation of a notification of maternity leaveA letter informing the employee of the duration of the maternity leave Application for payment (final)Request for payment from a creditor to a debtor AffidavitAn affidavit of fact used as evidence in court Notice of change of addressLetter announcing a change of address Post confirmation Letter of offerA letter confirming employment of the employment relationship confirms the contract for the sale of goodsGeneral agreement between a seller and buyer of goods Resolution of the Board of Directors: approval of the report and financial statements of the DirectorDecides on the approval of the annual report and accounts Modification of the conditions of employmentLetter from an employer in which the conditions of employment of an employee are changed.